Sensex, Nifty hit fresh highs on global stocks rally

Indices log record highs for 5th consecutive session

Benchmark Sensex rallied 666 points to close at a fresh record high on Thursday following buying in auto and banking shares amid gains in global markets.

The BSE Sensex jumped 666.25 points or 0.78 per cent to settle at a record high of 85,836.12 amid monthly expiry in the derivatives segment. As many as 28 Sensex stocks advanced and two declined.

During the day, it reached a record intra-day peak of 85,930.43, surging 760.56 points or 0.89 per cent. The benchmark is just 69.57 points away from the 86,000-peak.

Rallying for the sixth day in a row, the NSE Nifty climbed 211.90 points or 0.81 per cent to close at a record high of 26,216.05. During the day, it soared 246.75 points or 0.94 per cent to hit a fresh intra-day lifetime peak of 26,250.90.